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Mustang Minerals Corp.
Summary
| Project: | Mayville | |
|---|---|---|
| Deposit: | Mayville | |
| Location: | Canada | |
| Commodities: | Chromium-Copper-Nickel-PGM | |
| Date: | 4/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-4-2017: Mustang Minerals Corp. announces an Exploration/Drilling Update report for its Mayville deposit at the Mayville project. Re-assay of historic drill core results incl. 5.9m @ 20.83% Cr2O3. (TSXV:MUM) (“Mustang” or the “Company”) today provided a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Carey Galeschuk (Not stated) | |
| ABSTRACT: | (TSXV:MUM) (“Mustang” or the “Company”) today provided a corporate update on its activities in the Bird River Greenstone Belt (BRGB), including additional assay results for chromite from its Mayville Property. Significant chromite mineralization proximal to the previously identified PGE mineralization was assayed in the drill holes. Based on the initial results of the chromite analysis the Company has commenced further assaying and analysis of drill core for chromite. Drill core from three drill holes May11-05 to May11-07 were analyzed and assays compiled for chromite values. The chromite horizons encountered in May11-06 and May11-07 were stratigraphically approximately 60 meters lower in the drill holes from the PGM Zones. Notably the values from May11-07 assays were the highest recorded over a 5 meter width of any historical chromite intercept in the BRGB. The Bird River Greenstone Belt hosts significant nickel – copper – PGE- chromite ( Ni-Cu-PGE-Cr) mineralization. Mustang encountered significant PGE mineralization in drilling beginning in 2011, one kilometer south of the Mayville Cu-Ni deposit. | |
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